Recap: Tango Therapeutics Q4 Earnings


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Tango Therapeutics (NASDAQ:TNGX) reported its Q4 earnings results on Monday, March 18, 2024 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Tango Therapeutics missed estimated earnings by -14.000000000000002%, reporting an EPS of $-0.32 versus an estimate of $-0.28.

Revenue was down $980 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 6.0% drop in the share price the next day.

Here's a look at Tango Therapeutics's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.34-0.34-0.35-0.35
EPS Actual-0.23-0.23-0.32-0.33
Revenue Estimate7.32M6.95M6.71M6.44M
Revenue Actual10.73M14.60M5.77M6.41M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Tango Therapeutics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsBZI-Recaps